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I put the quotes around premium 'cause I don't really feel Apple charges unfairly for its products. The software and design is worth every penny of that extra 20%~30%.

My take on the R&D thing: Yes Apple is likely to be the largest tech company to spend least on R&D, but they have a much smaller range of products and market share to recover that cost. Also I was talking about the smart phone for that. Nokia and Microsoft don't make Android phones. They cannot take the free ride on Google.




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